CMA Foundation · Fundamentals of Financial and Cost Accounting · Trial Balance
The debit total of a trial balance is Rs 2,48,600 and the credit total is Rs 2,46,100. The difference is traced to a sale of goods for Rs 2,500 to Ravi, which was debited to Ravi's account but not credited to the Sales account. What is the position after correcting this error?
After crediting the omitted Rs 2,500 to the Sales account, the credit total becomes Rs 2,48,600, which equals the debit total, so the trial balance agrees. The debit to Ravi was correct and needs no change.
- ACredit total rises to Rs 2,48,600 and the totals agreeCorrect
- BDebit total falls to Rs 2,46,100 and the totals agree
- CCredit total rises to Rs 2,51,100 and the totals differ
- DDebit total rises to Rs 2,51,100 and the totals differ
Explanation
Crediting Sales with Rs 2,500 raises the credit total from Rs 2,46,100 to Rs 2,48,600, which equals the debit total. Option B wrongly reduces the debit side, but Ravi's debit is correct. The difference of Rs 2,500 matches the omitted credit exactly.
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